Marcus & Millichap Arranges $2.65M Sale of Brand-New Whataburger in Alpharetta

ALPHARETTA, Ga., Oct. 16, 2024 - Marcus & Millichap (NYSE: MMI), a leading commercial real estate brokerage firm specializing in investment sales, financing, research and advisory services, announced today the sale of a brand-new Whataburger location in Alpharetta, Georgia. The property sold for $2.65 million.

Dominic Sulo, investment specialist in Marcus & Millichap's Chicago Oak Brook office, had the exclusive listing to market the property on behalf of the seller, and procured the buyer. John Leonard, Broker of Record in Georgia, assisted in closing the transaction.

The new construction Whataburger is located at 1080 McFarland Pkwy, just off Interstate-19. The 2,274-square-foot property is adjacent to two major mixed-use developments, Halcyon and Avalon, both set to host a large mix of retail, office and residential space.

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About Marcus & Millichap, Inc. (NYSE: MMI)

Marcus & Millichap, Inc. is a leading brokerage firm specializing in commercial real estate investment sales, financing, research and advisory services with offices throughout the United States and Canada. As of December 31, 2023, the company had 1,783 investment sales and financing professionals in over 80 offices who provide investment brokerage and financing services to sellers and buyers of commercial real estate. The company also offers market research, consulting and advisory services to clients. Marcus & Millichap closed 7,546 transactions in 2023, with a sales volume of approximately $43.6 billion. For additional information, please visit www.MarcusMillichap.com.